Planning is not linear and static, we need to measure performance against established objectives and make adjustments as required.2020 illustrates the need for measurement and controls.

Consider a company starting 2020 with a solid plan. Do you think they were able to implement it as written? What were the factors that affected their performance? What replanning was necessary to get back on track?

Select a company to discuss. What impact did the events this year have on the firm? What have they done to to get back on track? Have they been successful? What additional planning do you think is required?

What might be necessary in 2021

Can you think of a company that you think has been successful in their efforts? One that has done poorly?